STOP giving up gains. Use a *reliable trailing-stop. $ACB $MJ #cannabis #markets #trends #trendfollowing #heikinashi

March 17, 2019 2 comments

Aurora Cannabis ($ACB) daily

  • Regardless of what RSI(14) says (overbought or oversold), use a trailing-stop to capture more of the existing trend.
  • As the old books say, when RSI(14) falls below 90 or 70, it’s time to exit (overbought). False. As long as the close remains above the trailing-stop, RSI(14) is noise, has only informational value, and it’s not a decisional factor.
  • The risk factor is the only variable the trader may or may not feel comfortable with (13.63% in this case).


MJ (Cannabis ETF) daily

  • (+) Ascending triangle, ready to explode.



More (technical) pain for $AAPL | #Apple #trendfollowing #heikinashi #markets #trends

March 10, 2019 Comments off

Apple ($AAPL) daily

  • (+) A short term-bounce is likely to happen (Heikin-Ashi RSI)
  • (-)  The S-oscillator points to more downtrend.


Apple ($AAPL) weekly

  • (-) More pain ahead.


Apple ($AAPL) monthly

  • (-) Near a top.


Categories: heikin-ashi Tags: , , ,

Is Veeva Energy ($VEEV) a buy *now? | #markets #trading #investing #cloud #heikinashi #trendfollowing

March 3, 2019 Comments off

Veeva ($VEEV) daily

  • (+) Consolidation following an uptrend.
  • (+) Above the trailing-stop. 7.65% is the risk (one of them) for a long trade.
  • (+) The haDelta resistance has been penetrated.
  • (+) Above the September high.


Veeva ($VEEV) weekly

  • (+ -) Signs of consolidation ahead.
  • (!) Warning offered by haDelta.


Veeva ($VEEV) monthly

  • (!) haDelta is at a historically high level. Consolidation/pullback is expected.


Categories: heikin-ashi Tags: , , ,

Resistance for $AAPL | #heikinashi #markets #trading #Apple #trendfollowing

February 24, 2019 Comments off

Apple ($AAPL) daily

  • (!) @resitance
  • (+) S-oscillator points to a continuation of the uptrend


Apple ($AAPL) weekly

  • (-) S-oscillator is in the 90-area. Given the higher time frame, a top/consolidation is expected here.



$SPX It’s not over until it’s over | #markets #trendfollowing #trading #heikinashi

February 17, 2019 Comments off

Why the rally still has legs.

S&P-500 ($SPX) weekly

  • (!)   Near exhaustion
  • (+) A generous trailing-stop 10% below the close


S&P-500 ($SPX) daily

  • (+) 61.8% retracement has been penetrated.
  • (!) Next resistance: December and November highs


S&P-500 ($SPX) daily

  • (!)   In the red zone (9)
  • (+) Enough room until the daily trailing-stop hits.


How attractive is $AAPL today? $SPX #markets #trendfollowing #heikinashi

February 10, 2019 Comments off

Apple ($AAPL) daily

  • (+) In uptrend (longer up segments in blue than those in retracement).
  • (+) Above the trailing-stop
  • (-) haDelta is negative and this retracement should last (hopefully not hitting the stop)


Apple ($AAPL) weekly

  • (+) Heikin-Ashi at its best.
  • (!-) Unfortunately, haDelta is very near high historical levels. In translation, $AAPL will hit resistance and later, reversal.


Apple ($AAPL) monthly

  • (+!) Positive but cautious.
  • The buy-stop is @204.20 almost 20% from here.

Categories: heikin-ashi Tags: , ,

$MJ, a #cannabis play | #markets #trendfollowing #heikinashi $WEED,CA $CRON $TLRY $ACB $ACB.CA $GWPH

February 3, 2019 Comments off

Alternative Harvest ETF ($MJ)  daily

  • (!) @resistance. Wait.
  • (+) Uptrend.
  • (+) 10% to stop-loss. Easy to digest?


Alternative Harvest ETF ($MJ)  weekly

  • (+) Positive haDelta signal.


Alternative Harvest ETF ($MJ)  monthly

  • (+) Room to go to $43.


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